Registration Of Limited Liability Partnership In India

This is a sad tale about an international small business venture. The duties and obligations of Designated Partners is as supplied by the law i.e. As opposed to proprietorship and partnership, if a Business or LLP becomes insolvent and is wound up, only the assets of the enterprise or LLP are used to clear its debts. There must atleast two designated partners exactly where these partners should really be individuals and one of them will have to be resident of India and have Designated Companion Identification Quantity assigned by the Ministry of

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